Hacker News Reader

"We've gotta destroy the economy to prevent the economy destroying itself!" isn't a rallying cry that is likely to garner much support.

Do you have any favored proposals for preventing "finance shenanigans"? Given the amount of money involved, I expect any government-driven reformation will be corrupted to serve private interests.

View on HN

The economy of Wall Streeters is divorced from many natural economies these days. Perhaps they have already rendered their desires irrelevant and countervailing to mine and those of others.

> "We've gotta destroy the economy to prevent the economy destroying itself!" isn't a rallying cry that is likely to garner much support.

That is exactly what you need to do though, blow up the dam now and release the water instead of waiting for it to build up and destroy the entire city. They do that small scale by increasing interest rates already, but sometimes you maybe need to do more.

Reply on news.ycombinator.com